UP-RERA is working alongside the state government to address the deadlock in flat registrations, impacting over 50,000 home buyers in Noida and Greater Noida.
RBI's rate cuts and government stimulus aim to revive the housing market, but developers say more is needed to address credit flow challenges.
Real estate sector faces slump due to high interest rates and economic slowdown, forcing developers to focus on affordable housing in Tier-II and Tier-III cities.